Or alternatively, what's the best thing to do with money these days? maybe divide it between several brokers and invest it in a quite diversified manner? What do people do with their 401k's?
I would have said a solid private Swiss bank, cash in CHF and 10% in physical Gold. But who dares to say how "solid" the UBSs of today are?
Best way is to spread assets over in many different countries... UK+ europe Hong kong + japan + aussie
good idea you forgot to mention poland. polish zloty = strongest currency in the world, see: AUDPLN http://stooq.com/q/?s=audpln&c=5y&t=l&a=lg&b=0 CHFPLN http://stooq.com/q/?s=chfpln&c=5y&t=l&a=lg&b=0 EURPLN http://stooq.com/q/?s=eurpln&c=5y&t=l&a=lg&b=0
geeeeez, this looks baaaad, if the above experienced posters the likes of Don don't have a solution to offer...! I like the Bank's diversification idea but, being a trader could not possibly bring myself round to buy the at the Top of the chart, although it may still have legs. What other suggestions? How about ETF's with different brokers? which brokers(damn, a few days ago we would have said Bear's...)?